High job openings signal wage-price spiral
Limited labor supply, higher wages, and a high staff turnover seems to have initiated a wage-price spiral.
Limited labor supply, higher wages, and a high staff turnover seems to have initiated a wage-price spiral.
Demographic shifts and labor imbalances might have disturbed consumption-saving decisions that impact inflation.
Recent economic data and the outlook for energy supplies are casting doubt on whether Europe has the resilience to withstand a recession.
While munis suffered a bad quarter to start 2022, brighter days may be ahead amid strong fundamentals.
The most pressing issue for global markets for the remainder of the third quarter will be the mounting challenge for the U.S. Federal Reserve to keep reinforcing its “optimal control” framework in the face of higher inflation data. Striking the right balance The Fed has a dual mandate under the law: to pursue policies that